The value of the annual report as opposed to just the financial statements is that
A) the annual report must contain a quantitative forecast of earnings.
B) management can provide a good qualitative discussion of the financial information.
C) financial information is usually not very accurate, so potential investors can rely more on management impressions.
D) management is more likely to provide more financial information in its annual report than it is in its financial statements.

Question

Quizplus · Accepted Answer

While financial statements provide important quantitative information, the annual report also includes a qualitative discussion of the company's performance, goals, and strategies provided by management. This can give investors a more complete picture of the company's financial health and future prospects.

The Value of the Annual Report as Opposed to Just